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Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
British Pound/Mauritius Rupee (FOREX:GBPMUR)
Long-Term Uptrend (+90) - GBPMUR is in a strong uptrend that is likely to continue. While GBPMUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid GBPMUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPMUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPMUR
The long-term trend has been UP since Nov 23rd, 2020 at 53.742802
The intermediate-term trend has been UP since Oct 14th, 2021 at 59.073756
The short-term trend has been UP since Oct 14th, 2021 at 58.694037
Smart Scan Analysis for GBPMUR
Based on our trend formula, GBPMUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 58.754569 | 59.483613 | 58.754569 | 58.970163 | +0.215594 |
| Prev. Close | Volume | Bid | Ask | Time |
| 58.754569 | 2021-10-22 05:09:47 |